National Australia Bank (NAB) has forecast operational cost reductions of $22 million over seven years as it consolidates 20 data centres and computer rooms down to two facilities in Melbourne.

Speaking at a media briefing in Sydney, NAB CTO Denis McGee said that the new data centre in Deer Park will be officially unveiled on 12 February. However, the facility won’t be fully operational until Q4 of 2013 as the bank continues its data centre consolidation program. It de-commissioned three legacy data centres in the last 12 months.

NAB signed a long-term lease with Digital Realty Trust in Q4 of 2011 to take space in the vendor’s Melbourne data centre. The bank also operates an existing data centre in Knox.

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